C3 Metals Inc. is pleased to announce that it has entered into a Binding Heads of Agreement dated July 13, 2021 to acquire 100% of Hochschild Mining plc's interest in the Company's flagship Jasperoide Copper-Gold Project[1], Peru . Consolidation of the ownership in Jasperoide will be executed through an amendment of the original Master Agreement signed in 2017 . The transaction is between the Company's wholly owned [...]
Ongoing drilling highlights potential for primary Skarn-Porphyry deposit C3 Metals Inc. is pleased to announce the commencement of a geophysical program at the Company's Jasperoide Project to guide deeper drilling of high-grade copper-gold mineralization intersected near the Montaña de Cobre Zone and to define additional targets for drilling. The program will include an 1,800 line km helicopter-borne magnetic and [...]
Drill Program Expanded to 10,000 Metres C3 Metals Inc. is pleased to announce first assay results from its drill program at the Jasperoide Copper-Gold Project in southern Peru. Drilling commenced in February in the southern Montaña de Cobre Zone with 15 holes now completed on two section lines for a total of 3,647m. Results from seven holes on the first drill section intersected broad zones of high-grade copper-gold [...]
C3 Metals Inc. announces that it has granted in accordance with the Company's stock option plan an aggregate of 1,000,000 options to purchase common shares of the Company to an officer and a consultant. All of the options granted are exercisable at $0.17 for a period of five years, with 500,000 options vesting immediately and 500,000 options vesting 12 months from the date of the grant. For additional information [...]
C3 Metals Inc. is pleased to announce that, during the period from mid-January to date, a total of 23,440,751 warrants and 8,060,000 stock options were exercised resulting in cash proceeds to the Company of approximately $2.8 million. These proceeds, in addition to the $7.4 million of gross proceeds raised in the Company's private placement financing closed on February 18, 2021, have resulted in the Company currently [...]
C3 Metals Inc. announces that it has granted in accordance with the Company's stock option plan an aggregate of 9,000,000 options to purchase common shares of the Company to directors, officers, employees and consultants. All of the options granted are exercisable at $0.15 for a period of five years, with 4,300,000 options vesting immediately and 4,700,000 options vesting 12 months from the date of the grant. For [...]
C3 Metals Corp. is pleased to announce the commencement of drilling at its flagship Jasperoide Copper-Gold Project in southern Peru. The rig is set up on the first drill platform at the Montaña de Cobre Zone. Highlights Include Phase 1 programme comprising 3,500m in 15 holes has commenced drill testing a large-scale, copper-gold skarn-porphyry system developed over more than three kilometres of strike length Historic [...]
C3 Metals Inc. is pleased to announce that it has closed the second tranche of its previously announced brokered private placement through the issuance of 21,984,287 common shares of the Company at a price of $0.14 per Share for aggregate gross proceeds of $3,077,800. Upon closing of the Offering, an aggregate of 52,960,779 Shares were issued for gross proceeds of $7,414,509, including the exercise of the Agents' over [...]
C3 Metals Corp. is pleased to announce the appointment of Jorge Carbonell as Country Manager for Peru. Jorge brings broad knowledge of in-country technical and management experience having held senior exploration roles with Rio Tinto in Peru, Ecuador, Colombia, Peru and Iran over the past 30 years. He will direct the upcoming Jasperoide drilling programme. Mr. Kevin Tomlinson, CEO, commented, "The addition of Jorge to the [...]
C3 Metals Inc. is pleased to announce that it has closed a first tranche of its previously announced brokered private placement through the issuance of 30,976,492 common shares of the Company at a price of $0.14 per Share for aggregate gross proceeds of $4,336,708 in the First Tranche. On or around February 18, 2021, the Company anticipates closing an additional final tranche consisting of 21,984,287 Shares at a price of [...]
C3 Metals Corp. is pleased to announce that it has amended its agreement with Eight Capital, acting as lead agent for the Company, on behalf of a syndicate of agents to increase the size of its previously announced "best efforts" private placement offering to up to approximately $6,500,060 by offering for sale up to 46,429,000 common shares of the Company on a "best efforts" private placement basis at an issue price of [...]
C3 Metals Corp. is pleased to announce that it has entered into a letter engagement with Eight Capital, under which Eight Capital, acting as lead agent for the Company, on behalf of a syndicate of agents has agreed to offer for sale up to 28,572,000 common shares of the Company on a “best efforts” private placement basis at an issue price of $0.14 per Share , for aggregate gross proceeds of up to $4,000,080, subject to [...]